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Caspian Energy Journal Caspian European Club
Wednesday, 09 March 2016 09:00

EU28 unemployment rate at 8.9%

The euro area (EA19) seasonally-adjusted unemployment rate was 10.3% in January 2016, down from 10.4% in December 2015, and from 11.3% in January 2015. These figures are published by Eurostat, the statistical office of the European Union, Caspian Energy News (www.caspianenergy.net) reports with reference to the press statement of the European Commission.

This is the lowest rate recorded in the euro area since August 2011. The EU28 unemployment rate was 8.9% in January 2016, down from 9.0% in December 2015, and from 9.8% in January 2015. This is the lowest rate recorded in the EU28 since May 2009. 

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